Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Firmly bid for 500k at 8.89...ready to blow...
9p on th'horizon
SharketMare if we start construction then whatever happens we are going to production.
I am not wedded to any outcome.
I just post what is the most likely outcome, following the company announcements.
That's what a half decent investor does.
I see, so when you said 'nothing has changed', you didn't mean it. In any event, your latest comment is still wrong. What do you think happened last week at PDAC? Was it all a dream?
Careful Mog... some of us are still keen to add stock! lol!
There's a few other lines in the doc that are quite revealing... I have no doubts that the 'big boys' and that includes the Blackrocks et al have read between the lines. Blackrock may well be thinking of rebuilding a stake after exiting last year around 18p/22p levels. They did well there (certainly better than Berry Street and their 12p exit) but leave it too long and they might struggle to get back into the stock if the herd arrives... and the herd most certainly hasn't arrived just yet.
Blackrock were active buyers when SOLG was 35p not long ago. So they know the inherent value and the opportunity tyat lies ahead.
Addicknt
You love to twist things.
That isn’t what I said, nothing has changed since the pfs in terms of info in the public domain.
Of course things are happening, I was highlighting the spin the rampers are putting on the rise, in the hope their averaging down trades make a profit.
From what I can see without your rose tinted spectacles is that any option is on the table still, nothing has happened to change that.
The über rampers, BBG, REDRAMPER & DBW desperately need a hostile bidding war. Other holders would just like a monetisation event to see more value and Quady is happy to wait and go to production.
From what I see all 3 options are still out there.
Of course the über rampers will spin the hostile bidding war which imo is the least likely outcome.
"Today that has been proven wrong."
Nothing of the sort has happened today. It's going to be thoroughly amusing when we sell Cascabel to someone else. I'm sure you'll still try and claim we're going to production.
Yes, I concur. Top stuff fro M999. Keen digging to unearth those gems of info that up confidence
All Brokers use a discount measure and as we know, miners discount rate reduces as projects pass key milestones. We are derisking rapidly now (compared to last 2 years+) and I would expect more bullish stance based on strong outlook for metals, (PoG we know about but copper has yet to ignite and we know that's coming) and expected drop in inflation so rates to follow and lower finance costs expected. Oh... and then we have improved regional activity with Barrick, Gina and a few others getting stuck in as well as Noboa driving positive business sentiment.
A lot of stuff in the background has improved since their last note.
What's the re-entry criteria for the MSCI gold index lol! Re-entry alone could see 4 or 5p added here just like it knocked off a decent few pence when we had forced sellers.
I would like to Hannam with a target closer to 75p but with more value/weight added in for the regionals as it is clear that majors are keen to find licence blocks and Noboa is helping with that sentiment but has limitations on what he can do due to mining cadestre being closed. So SOLG's folio of 60 odd licences has grown in value and Hannam need to appraise that properly.
Many thanks Mog999
Putting aside my sarcasm, this excerpt is enormously significant. Never before have we seen such a detailed description about what's been happening following the opening of the data room. And it doesn't include details of those parties interested in either acquiring or entering into a jv, which I think we can assume have also emerged.
Don't be silly, mog. No one's interested and nothing has changed. We know this because certain people on here have said so.
An offtake would certainly disappoint those posters who’ve convinced themselves they’re going to revel in watching a car crash of a raise
Thanks Mog ..
Q, he doesn't think things are going on in the background. According to him, nothing has changed.
Yeah I read their previous effort last night - looked pretty solid and would expect to see further increase which they hinted at.
This is on page 235 of the technical report.................
SolGold has to date received ten qualifying Expressions of Interest (EOI). Demand for the Cascabel
project concentrate from traders was significantly in excess of planned production volumes; as such,
SRK remarks that it is possible that metal payabilities, precious metal refining charges and payment
terms could be finalised on better terms than previous conceptual assumptions.
SolGold has also received material offers of funding in exchange for offtake from a number of traders.
These include the provision of both short-term and longer-term capital with proceeds available for
studies, mine construction and cost overruns as well as working capital during ramp-up.
No offtake agreements have been entered into at the time of this report and the QP has not reviewed
any of the Expressions of Interest received by SolGold.
Morning Tesla, I agree things happening in the background but we still have a way to go.
Mog you misunderstood me.
Companies do, but we cannot.
People on here, the so called experts have said no other way but to sell.
Today that has been proven wrong.
We have made a commitment to fund 3.2 billion dollars.
And the government have accepted that we can do it.
Sorry addicknt, this is the quote of the day
"This is not an investment where you run a slide rule over the figures and decide what is feasible and what isn't."
I'm sure that is what all the large companies do, and also PI calculate value based on resource in the ground etc etc
Quote of the day: ' Nothing has changed'.
Up 7% today on 6 million volume and 8.92 already paid...
That price was 57% above last Monday's low...
For those interested in broker estimates, Hannam are going to update theirs after they review the 43-101. This time not with a Jun 2024 time horizon but still it would be nice to see an uptick from the previous 63p forecast.
Morning Quady
The rampers are very excited this morning, the rise means they are clawing back some of their heavy losses.
Of course they will try and infer things are going on in the background that are positive.
It was the same when BHP were about to be released from their golden handcuffs and the 40p share options would be manipulated so they made a profit for the holders.
It was all BS.
Nothing has changed and the rise is in hope that something will happen.
It always happens before an rns and generally falls back as the rns disappoints.
A non dilutive finance package will make a difference as that would be positive.
However until that happens this won’t move that much
Wyloo and Gina are known for building 5% + positions on market in target companies rather quickly.
With the liquidity we've had last 3 weeks, it could be perceived a group or two are building a position.